Page 41 - The AUDIO Affair pdfs

From: Michel Hillgarth Michele@HillgarthArt.com Subject: RE: Mitre House - funding
Date: 28 May 2014 at 12:55
To: Graffiti Editions Ink/Designers studio@graffiti.biz Cc: Karupiah Segar segar_9@hotmail.com
I suggest that you send the email as you have been dealing with that specific job .But I suggest you require the normal service charge and £ 1000 for the reserve and the same in September .
I addiAon you should give a brief reason for doing so with figures Best
Michele
From: Graffiti Editions Ink/Designers [mailto:studio@graffiti.biz] Sent: 24 May 2014 03:57
To: MHillgarth@GMail.com
Cc: Karupiah Segar
Subject: Mitre House - funding
Hope the week-end is peaceful in the sAcks.....
Not that you'll be doing any emailing All you return, but do bear in mind (as a Director with our responsibiliAes re: Landlord & Tenant Act)) that you must make clear that the addiAonal funds required to be paid by each Lessee are voluntary contribuAons (and I would strongly suggest more than the minimum £1000 as that will sAll leave us totally at ZERO in Reserves come Christmas - much safer to double it to a minimum £2000 leaving us around £9000 in Reserves for unforeseen conAngencies for both the works and our general maintenance, liX etc) . We cannot force any Lessee to pay addiAonal funds if they don't wish to as the works involved in the INTERNALS consist of some non essenAal works.
Please make that very clear as any Lessee could take us to task unless that is stated. I have advised Jamil of the meeAng/situaAon and am awaiAng his response which I'll let you have.
If we were sAcking exactly to the terms of our Head Lease, no works are meant to commence unAl all funding is in place meaning June and September's quarters must be uAlised for the addiAonal requests, meaning demands of, I would suggest, £1000 plus the normal £650 for both quarters.
Bon voyage, Paul
On 23 May 2014, at 20:06, Michel Hillgarth <Michele@HillgarthArt.com> wrote:
Have a good weekend.... No email Best
Michele